Civic Intelligence

Fall River Educators' Association Inc

990 • Fiscal year 2020 • EIN 23-7037161

Jul 01, 2019 to Jun 30, 2020 • Filed on May 07, 2021

178 Fourth StreetFall River, MA 02721

(508) 679-4392

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

75th percentile

0.14x

Higher debt load relative to assets than 75% of similar nonprofits.

2020 filings • 501(c)6 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

85th percentile

0.33x

Higher debt load relative to revenue than 85% of similar nonprofits.

2020 filings • 501(c)6 • <$500k nonprofits • Source year 2020

Net Margin

49th percentile

2.9%

Higher net margin than 49% of similar nonprofits.

2020 filings • 501(c)6 • <$500k nonprofits • Source year 2020

Top Officer Pay

94th percentile

$88,573

Higher top officer pay than 94% of similar nonprofits.

Top officer pay equals 46.8% of source-year revenue.

2020 filings • 501(c)6 • <$500k nonprofits • Source year 2020

Asset Growth

48th percentile

1.5%

Faster asset growth than 48% of similar nonprofits.

2020 filings • 501(c)6 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

68th percentile

-6.2%

Faster revenue growth than 68% of similar nonprofits.

2020 filings • 501(c)6 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Up

$460,795

Up $6,998 (+1.5%) from 2019

Net Assets

Up

$398,483

Up $5,407 (+1.4%) from 2019

Liabilities

Up

$62,312

Up $1,591 (+2.6%) from 2019

Revenue

Down

$189,232

Down $12,541 (-6.2%) from 2019

Expenses

Up

$183,825

Up $6,000 (+3.4%) from 2019

Net Income

Down

$5,407

Down $18,541 (-77%) from 2019

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$600K$400K$200K$0Assets 2010: $372,582Liabilities 2010: $189,923Net Assets 2010: $182,6592010Assets 2012: $425,620Liabilities 2012: $193,517Net Assets 2012: $232,1032012Assets 2013: $454,755Liabilities 2013: $186,692Net Assets 2013: $268,0632013Assets 2014: $344,887Liabilities 2014: $62,082Net Assets 2014: $282,8052014Assets 2015: $348,052Liabilities 2015: $59,700Net Assets 2015: $288,3522015Assets 2016: $383,482Liabilities 2016: $58,656Net Assets 2016: $324,8262016Assets 2017: $401,483Liabilities 2017: $52,722Net Assets 2017: $348,7612017Assets 2018: $428,671Liabilities 2018: $59,543Net Assets 2018: $369,1282018Assets 2019: $453,797Liabilities 2019: $60,721Net Assets 2019: $393,0762019Assets 2020: $460,795Liabilities 2020: $62,312Net Assets 2020: $398,4832020Assets 2021: $466,300Liabilities 2021: $60,549Net Assets 2021: $405,7512021Assets 2022: $439,650Liabilities 2022: $64,306Net Assets 2022: $375,3442022Assets 2023: $468,265Liabilities 2023: $125,544Net Assets 2023: $342,7212023Assets 2024: $329,089Liabilities 2024: $2,912Net Assets 2024: $326,1772024

Highlighted filing

2020

Assets$460,795
Liabilities$62,312
Net Assets$398,483

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$300K$200K$100K$0-$100KExpenses 2010: $157,1992010Expenses 2012: $164,1022012Expenses 2013: $151,7772013Revenue 2014: $173,086Expenses 2014: $158,344Net Income 2014: $14,7422014Revenue 2015: $168,659Expenses 2015: $163,112Net Income 2015: $5,5472015Revenue 2016: $210,233Expenses 2016: $173,759Net Income 2016: $36,4742016Revenue 2017: $201,137Expenses 2017: $177,202Net Income 2017: $23,9352017Revenue 2018: $203,047Expenses 2018: $182,680Net Income 2018: $20,3672018Revenue 2019: $201,773Expenses 2019: $177,825Net Income 2019: $23,9482019Revenue 2020: $189,232Expenses 2020: $183,825Net Income 2020: $5,4072020Revenue 2021: $183,710Expenses 2021: $176,442Net Income 2021: $7,2682021Revenue 2022: $179,063Expenses 2022: $209,470Net Income 2022: -$30,4072022Revenue 2023: $178,943Expenses 2023: $211,566Net Income 2023: -$32,6232023Revenue 2024: $218,369Expenses 2024: $234,913Net Income 2024: -$16,5442024

Highlighted filing

2020

Revenue$189,232
Expenses$183,825
Net Income$5,407
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
May 7, 2021
Return Version
2019v5.1
Gross Receipts
$189,531
Mission and Program Overview

Mission

Serve as a collective bargaining unit for the

Serve as a collective bargaining unit for the fall river, massachusetts teachers.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$302,339$277,568▼ $24,771
Land, Buildings, and Equipment, Net$95,760$126,981▲ $31,221
Savings and Temporary Cash Investments$55,698$56,246▲ $548
Total Assets$453,797$460,795▲ $6,998
Liabilities
Accounts Payable and Accrued Expenses$60,721$62,312▲ $1,591
Total Liabilities$60,721$62,312▲ $1,591
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$388,522$393,577▲ $5,055
Net Assets With Donor Restrictions$4,554$4,906▲ $352
Total Net Assets Fund Balance$393,076$398,483▲ $5,407
Total Liabilities and Net Assets / Fund Balance$453,797$460,795▲ $6,998

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$82,478$23,598$106,076
Buildings$37,003$33,249$70,252
Other Land Buildings$0$25,336$25,336
Equipment$0$12,602$12,602
Land$7,500-$7,500
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Rebeca CusickPresidentFT$4,704$83,869$88,573
Anne RoerdenVice President-$2,304-$2,304
Karl AmaralTreasurer-$2,304-$2,304
Lorraine GagneDirector-$2,304-$2,304
Rebecca JontosDirector-$1,920-$1,920
Kurt OstrowCommunications-$576-$576
Brenda BoudreauSecretary/clerk-$192-$192
Revenue and Support

Revenue Composition

Contributions and Grants
$172,383
Program Service Revenue
$0
Investment Income
$198
Other Revenue
$16,651
Change in Net Assets
$5,407
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$130,253
Other Expenses$53,572
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$73,630$24,543$0$98,173
Comp Disqual Persons$21,308$7,102$0$28,410
Occupancy$7,348$7,350$0$14,698
All Other Expenses$5,600$1,250$0$6,850
Advertising$4,950$0$0$4,950
Fees for Services Accounting$2,200$2,200$0$4,400
Depreciation Depletion$1,999$1,999$0$3,998
Other Expenses$2,774$925$0$3,699
Payroll Taxes$2,753$917$0$3,670
Office Expenses$1,431$1,431$0$2,862
Insurance$1,071$1,070$0$2,141
Conferences and Meetings$1,070$357$0$1,427
Fees for Services Management$35$11$0$46
Total Functional Expenses$133,271$50,554$0$183,825
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$350
Fundraising Direct Expenses$299
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
FALL RIVER EDUCATORS' ASSOCIATION INC
EIN
23-7037161
Phone
5086794392
Address
178 FOURTH STREET, FALL RIVER, MA 02721

Signing Officer

Name
Rebeca Cusick
Title
President
Phone
5086794392
Signed
2021-05-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Rebeca Cusick
Formed
1985
Legal Domicile
Ma
Voting Board Members
6
Independent Board Members
6
Employees
8
Volunteers
0

Preparer

Firm
Robert a Zagrodny CPA Inc
Address
57 NORTH MAIN STREET, FALL RIVER, MA 02720
Preparer
Robert a Zagrodny CPA
Phone
5086774707
Supplemental Narrative

Additional Explanations

Pt VI, Line 7A

Officers are elected by the membership

Pt VI, Line 7B

Officers and members approve entity business

Pt VI, Line 11B

Officers approval and treasurer signature

Pt VI, Line 12C

ANNUAL UPDATES TO POLICY

Pt VI, Line 15A

Annual compensation review by officers and membership

Pt VI, Line 15B

Annual compensation review by officers and membership

Raw XML Appendix374 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt025336
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt025336
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0126981
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0OFFICERS ARE ELECTED BY THE MEMBERSHIP
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1OFFICERS AND MEMBERS APPROVE ENTITY BUSINESS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2OFFICERS APPROVAL AND TREASURER SIGNATURE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ANNUAL UPDATES TO POLICY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ANNUAL COMPENSATION REVIEW BY OFFICERS AND MEMBERSHIP
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ANNUAL COMPENSATION REVIEW BY OFFICERS AND MEMBERSHIP
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt VI, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Pt VI, Line 15b
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0453797
IRS990/TotalAssetsEOYAmt0460795
IRS990/TotalAssetsGrp/BOYAmt0453797
IRS990/TotalAssetsGrp/EOYAmt0460795
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0172383
IRS990/TotalEmployeeCnt08
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt050554
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0133271
IRS990/TotalFunctionalExpensesGrp/TotalAmt0183825
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt060721
IRS990/TotalLiabilitiesEOYAmt062312
IRS990/TotalLiabilitiesGrp/BOYAmt060721
IRS990/TotalLiabilitiesGrp/EOYAmt062312
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0393076
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0398483
IRS990/TotalOtherCompensationAmt09000
IRS990/TotalProgramServiceExpensesAmt0133271
IRS990/TotalReportableCompFromOrgAmt014304
IRS990/TotalRevenueGrp/ExclusionAmt051
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt016798
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0189232
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0453797
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0460795
IRS990/TotReportableCompRltdOrgAmt074869
IRS990/TransactionWithControlEntInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0178 FOURTH STREET
IRS990/USAddress/CityNm0FALL RIVER
IRS990/USAddress/StateAbbreviationCd0MA
IRS990/USAddress/ZIPCd002721
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0REBECA CUSICK
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum05086794392
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-05-07
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FALL RIVER EDUCATORS' ASSOCIATION INC
ReturnHeader/Filer/BusinessNameControlTxt0FALL
ReturnHeader/Filer/EIN0237037161
ReturnHeader/Filer/PhoneNum05086794392
ReturnHeader/Filer/USAddress/AddressLine1Txt0178 FOURTH STREET
ReturnHeader/Filer/USAddress/CityNm0FALL RIVER
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd002721
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ROBERT A ZAGRODNY CPA INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt057 NORTH MAIN STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0FALL RIVER
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd002720
ReturnHeader/PreparerPersonGrp/PhoneNum05086774707
ReturnHeader/PreparerPersonGrp/PreparationDt02021-05-16
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ROBERT A ZAGRODNY CPA
ReturnHeader/ReturnTs02021-05-16T14:27:39-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02019-07-01
ReturnHeader/TaxPeriodEndDt02020-06-30
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.29$0.03$3.26$2.18$2.35$0.17
2023Detailed filing. Detailed filing data is available for this year.$4.68$1.26$3.43$1.79$2.12$0.33
2022Detailed filing. Detailed filing data is available for this year.$4.40$0.64$3.75$1.79$2.09$0.30
2021Detailed filing. Detailed filing data is available for this year.$4.66$0.61$4.06$1.84$1.76$0.07
2020Detailed filing. Detailed filing data is available for this year.$4.61$0.62$3.98$1.89$1.84$0.05
2019Detailed filing. Detailed filing data is available for this year.$4.54$0.61$3.93$2.02$1.78$0.24
2018Detailed filing. Detailed filing data is available for this year.$4.29$0.60$3.69$2.03$1.83$0.20
2017Detailed filing. Detailed filing data is available for this year.$4.01$0.53$3.49$2.01$1.77$0.24
2016Detailed filing. Detailed filing data is available for this year.$3.83$0.59$3.25$2.10$1.74$0.36
2015Detailed filing. Detailed filing data is available for this year.$3.48$0.60$2.88$1.69$1.63$0.06
2014Detailed filing. Detailed filing data is available for this year.$3.45$0.62$2.83$1.73$1.58$0.15
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.55$1.87$2.68$1.52
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.26$1.94$2.32$1.64
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.73$1.90$1.83$1.57